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Confidence and investment returning to British Columbia’s mining industry

By: Creamer Media Reporter      17th May 2019 The performance of British Columbia mining companies are mirroring the return of confidence to the global industry, with the mining sector of Canada’s westernmost province posting positive results for the second consecutive year. PricewaterhouseCooper (PwC) Canada’s ‘BC Mine’ report states that... 

Teck starts 'quiet dialogue' on selling some copper projects

By: Bloomberg     24th April 2019 Teck Resources, focusing on its massive expansion of the Quebrada Blanca mine in Chile, expects to sell some or all of its stakes in two smaller Latin American copper projects by next year, CEO Don Lindsay says. The Zafranal and San Nicolas projects could be sold by early 2020, Lindsay said... 

Teck Resources beats profit estimates on energy business

By: Reuters     23rd April 2019 Canadian miner Teck Resources, the world's second-biggest exporter of steelmaking coal, reported a better-than-expected quarterly profit on Monday, boosted by its energy business and a slight increase in commodity prices. The miner said even though commodity prices were lower than a year ago,... 

A million tons of copper is on the way, but it may not be enough 

By: Bloomberg     8th April 2019 Giant mines currently under construction will churn out an additional one-million tons of copper through 2023, but that won’t be enough to fully close an expected gap between supply and demand in the next few years. Industry analysts and executives descending on Santiago this week for the Cesco... 

Teck ups stake in explorer Fireweed

By: Creamer Media Reporter      21st January 2019 Canada’s largest diversified mining company, Teck Resources, has increased its stake in Vancouver-based explorer Fireweed Zinc to just shy of 10%, which the junior company sees as a vote of confidence in its Macmillan Pass project, in the Yukon Territory. Teck’s participation in Fireweed Zinc’s... 

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